Global Investors Pledge $48 Million at BlueInvest Africa Forum in Lomé, Boosting Maritime Startups
Lomé, Togo, hosted the BlueInvest Africa Forum on October 15th and 16th, an initiative led by the European Commission, which resulted in significant
Lomé, Togo, hosted the BlueInvest Africa Forum on October 15th and 16th, an initiative led by the European Commission, which resulted in significant investment pledges for African maritime entrepreneurs. Over $48 million in funding was reportedly pledged by global investors to support startups and smalltomedium enterprises SMEs focused on the "blue economy"—sustainable use of ocean resources. The event emphasized innovations in coastal protection, sustainable fishing, and maritime logistics, aiming to boost economic growth while strengthening AfricaEurope cooperation on marine resource management. The forum underscored Togo’s growing role as a hub for West Africas maritime sector.
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B2B Tech News | 12 days ago